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comments on tax policy, senator chuck schumer talked about taxes. he spoke and answered questions at the national press club for about an hour. >> good morning. we're starting right on time today. i want to thank you for coming. i want to thank those who are joining us on c-span. on behalf of the national press club we're honored to have with us the senior senator from new york charles schumer. the senator will address the topic of tax reform. i just want to say i think this is an appropriate topic following a columbus day weekend. in club bus' time the prevailing weekend that there were dragons right over the horizon and most people thought the world was flat and anyone setting nauf a journey would go off the cliff. columbus thought he could find a new route. and today we're going to be exploring new tax reform and how to avoid a fiscal cliff. the senator will speak for about 20 to 25 minutes and then we will open up to questions. senator? >> ok. thank you, jamie for that very timely introduction. i want to thank the national press club. here's what i said yesterday at the new yo
, they are being crushed. >> that is when joe biden says. >> how they can justify raising taxes on the middle class who has been bearish for the last four years. >> to joe biden. [applause] don't boo, he has the best thing we have got going, guys. >> it was the biggest drop since -- i read that in a column friday morning. on the cover 25 1415 the english king henry the fifth led his army to victory. french king charles the sixth was mentally incapacitated at the time of battle. that is about as far as i wanted that one. charles? >> you were there, as i recall, you covered it for "the daily frog." it was felt he could of been moe aggressive. >> quite a route. i must say, when i wrote the column, i tried to keep on quoting -- keep from gloating. >> you did not. >> the whington punditry says that mitt romney won the debate hands down and that the president was aware of his game. here is a sample. >> you have been president four years, you said you would cut the deficit in half. we still have trillion dollar deficits. >> five weeks before the election, he says his big idea is, never mind. >> if there i
they can justify raising taxes on the middle-class who have been buried the last four years. >> to joe biden. no, don't boo. he is the best thing we have got going, guys. >> it was the biggest brownson's encore. i read that in a column friday morning. on the cover 25th, 1415 on christmas day at parkton corps, king henry led his army to victory. charles the six was mentally incapacitated at the time of battle. that is as far as i want to take that one. agincourt? >> yes, you were there, as i recall. you covered it for the daily frog. it was quite a rout. when i wrote the column, i try to keep from gloating, but i'm not sure i succeeded. >> you did not. >> the washington punditry heavily supported by the polling concludes that government romney won the first debate hands down and that the president was off his game. >> you have been president four years. you said you would cut the deficit in half. we still have trillion dollar deficits. >> five weeks before the election, he says his big bold idea is, never mind. >> if there is any good news for the president after the debate is that the
, earning more money and paying taxes and that's by far the most effective and efficient way to get this budget balanced. >> paul: welcome to the journal editorial report. i'm paul gigot. a big night in denver on wednesday, as president barack obama, and mitt romney met for the first presidential debate and the candidates sparred as you heard over taxes and the deficit as well as health care. wall street reform and the role of government. with mitt romney taking some sharp shots at the president's record these past four years. >> we're seeing right now is, in my view, a trickle down government approach which has government thinking it can do a better job than free people pursuing their dreams and that's not working the. proof of that is 23 million people out of work and the proof one out of six people in poverty, the proof 32 million on food stamps to 47 million on food stamps the proof of that 50% of college graduates this year can't find work. >> paul: there's little doubt romney's commander performance helped the g.o.p. ticket. the question is, how much? let's ask wall street jou
you later on in the show and tonight's vice presidential debate, the tax discussion will be a key issue, the so-called $5 trillion tax cut for rich people. now, take a listen to former senator alan simpson in an exclusive interview only on cnbc today. >> you have a situation where grover norquist has obtained this pledge in the '80s, in the early '90s, he got this pledge that you wouldn't raise taxes under any circumstances unless they are commensurate with spending cuts and those guys are enthralled to him. >> best way to take that on is to reform the tax code, to broaden the base and simplify the code, to wipe out these tax expenditures and use that money to reduce rates. >> well, all right. lo looks like bowles supports the grover norquist idea which is the romney idea. sounds like simpson, as usual, is being very crotchety. let's get to the two guests to get to the hoe-down. dean baker from the center for economic and policy research and the aforementioned grover norquist, president of americans for tax freedom. first of all, grover, what is alan simpson talking about? >> well
knows taxes are due on april 15. we set up tax centers on the base three months prior and we take active duty military personnel off their regular duties and they go in and assist people with their taxes. you have people assisting with federal and state taxes. we provide nothing of the sort for voting registration. the move act was supposed to get offices set up on the basis. everybody could have gone in to check in with that voting assistance officer. that has never been in place while we were on active duty. we don't want a stack of voter registration ballots sitting on a counter somewhere. we want them to physically go in and say whether they want to register or not. this is the only way we can track it and find out if it is sure apathy which i find hard to believe. or is it just not having access? host: there is a project called a military voter protection project and they compared 2008 ballot requests and 2012 ballot requests and looking at key states, they thought there was a great difference as far bell requests. do you believe there is a significant difference? guest: this is hor
, my old pal, art laffer, is going to blast obama and tell you why mitt romney's tax reform is pro-growth and it will not cost anything like $5 trillion. >>> plus, did president obama, hillary clinton and susan rice lie about the 9/11 benghazian attack? the latest sworn congressional testimony sure makes it sound that way. >>> first up tonight, let's do some stock investigation. fourth day of losses across the board. dow dropped 129 points. is the tepid earnings season to blame or are you guys missing a political revolution which will surround the economy? let's talk. we have mike holland, david goldman and michael farr. michael, i don't care about third-quarter earnings. that is so yesterday's news. i can't stand it. that is just so yesterday's news. it's boring. it's nothing. maybe the guidance has something to say. but the economy is not in bad shape. the economy is not in bad recessionary shape and a political revolution is coming and i want to get your take. after you get through taking profits, michael, what happens next? do you buy them back? >> i think you do a little bit,
had to act for the middle class. we rescued general motors. we made sure that we cut taxes for the middle class. and in addition to that -- when that occurred, what did romney do? he said, no, let the detroit go bankrupt. we helped people refinance their homes. governor romney said, no, let foreclosures hit the bottom. it shouldn't be surprising for a guy who says 47% of the american people are unwilling to take responsibility for their own lives. my friend, recently in a speech for washington said 30% of the american people are takers. these people are my mom and dad, the people i grew up with, my neighbors. they pay more effective tax than governor romney pays in federal income tax. they are elderly people living on social security, veterans and people fighting in afghanistan right now who are, quote, not paying any tacks. i have had it up to hear with that notion of 47%. it's about time to take responsibility. instead of signing pledges to grover norquist, not to ask the wealthiest amongitous contribute to bring back the middle class, they should be signing a pledge to t
made sure that we cut taxes for the middle class, and in addition to that, when that occurred, what did romney do? romney said no, let detroit go bankrupt. we moved in and helped people refinance their loans. governor romney says 47% of the american people are unwilling to take responsibility of their lives. my friend said 30% are takers. these people are my mom and dad, my neighbors. they pay more tax than governor romney pays. they are elderly people who in fact are living off of social security. there are veterans who are not quote not paying taxes. i've had it up to here with this notion -- instead of signing pledges not to ask the wealthiest among us to contribute to bring back the middle class, they should be signing a pledge saying to the middle class, we're going to level the playing field. we're going to give you a fair shot again. we are going to not repeat the mistakes we made in the past by having a different set of rules for wall street and main street. making sure that we continue to hemorrhage these tax cuts for the super wealthy. they're pushing the continuation of a tax
. they more effective tax than governor romney pays in his federal tax. they are veterans and people fighting in afghanistan right now who are quote not paying any taxes. it's about time they take some responsibility here. and instead of signing pledges to grove norquist not to ask the wealthy among u.s. to tribute to bring back the middle class, they need to say we are not going to repeat the mistakes we had in the past making sure we continue to hemorrhage these tax cuts for the super wealthy. they are pushing the continuation of a tax cut that will give an additional $500 billion n tax cuts to 120,000 families and they are holding hostage the middle class tax cut because they say we won't continue that tax cut unless you continue the tax cut for the super wealthy. >> mr. ryan. >> ryan: you know what the unemployment rate in scranton is today? >> biden: i sure do. >> ryan: it was 8.5% when you came in. >> biden: look that's not how it is going. it is going down -- >> two-minute answer please. >> ryan: did they come in and inherit a tough situation? absolutely.
of taxes. there aren't enough tax loopholes or tax deductions to pay for romney's tax cut unless you cut into home interest mortgage deductions, unless you get rid of state and local taxes. that will hit the middle class hard. you have to be honest about this. the debate hurt obama and helped romney, and romney's gotten a bump in the polls, although it seems to be flattening out. you look at the new poll in ohio, the president is at 51%, romney is at 47%. i think the president, the fundamental structure of the race hasn't been changed, but if he doesn't go on the attack, if biden doesn't do a good job against ryan, and if the president doesn't show up and isn't strong in the second debate, then you're going to have a tossup race. >> well, i would disagree with your approach, first of all. i don't approach it that way. that's going back and relegating all the old arguments. in spirit what i would do, unlike shrumy, i would take the big issue that is separating the candidates, don't get into the little trench warfare about what's your tax plan and where were you on medicare two weeks ago.
, interrupted, very, very visible. did it work? and paul ryan claims mitt romney's tax plan adds up, an outfront fact check coming up. >>> and a desperate cry for help on the internet. and a month later, she's dead. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. nature valley trail mix bars are made with real ingredients you can see. like whole roasted nuts, chewy granola, and real fruit. nature valley trail mix bars. 100% natural. 100% delicious. i have a cold, and i took nyquil, but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast-acting decongestant to relieve your stuffy nose. thanks. [ male announcer ] you're welcome. that's the cold truth! [ mal
for the middle class and we went out and rescue general motors. we went ahead and make sure we cut taxes for the middle class and when that occurred, what did romney do? he said no, let's them go bankrupt. we helped finance homes and he said no. it should not be surprising for a guy who says 47% of the american people are not willing to take responsibility for their lives. my friend said recently 37% of the american people are takers. these people are my mom and dad, the people i grew up with, my neighbors. they've paid more effective income tax. they are elderly people and veterans and people fighting in afghanistan right now who are not paying any taxes. i have had it up to here with this notion that 47% -- is about time they take some responsibility here. instead of signing pledges to grover norquist not to ask the wealthiest among us not to bring back the middle class, they should be signing upa pledge say we will level the playing field and give you a fair shot, we will not repeat the mistakes were made in the past by having a different set of rules for wall street and main street.
policies indeed. one the state is highest gas tax of any in the nation. two, refining costs are highest in the nation, due to air quality standards, 3, state has insufficient pipeline connection to western oil and gas market that makes the disruption owono. >> looking at obama administration, policy for policy they are doing the same thing. liz: including cap and trade, governor jerry brown said, i will allowance earlier release of winter blend into the gas supply of california, do you think that will move the needle? >> 50-cents is far too large, platts reported this morning, media reports that blenders and refiners in california were already making that adjustment. so, no, that is not moving the needle. if i might just add, the four policy that obama administration is pursuing one gh greenhouse gas regulation. that will raise gas prices, two. he will make refining more expensive with epa pending tier 3 su sulfer control, three the keystone pipeline that was rejected. and four the president continues to refuse to allow oil and gas development off of the coast. liz: oil was going down
that. you're also taxing the middle class under the ryan plan. that is disdain today. >> all right, dr. ruiz. so do you want a 30-second rebuttal of the campaign? >> of course, i do. this is critically important. was there police brutality or was there not? was it an elder or a child? these things, folks, are in the press. they are in "the boston herald," they are in the harvard newspaper. they are documented. they are written. they're spelled out for people to see. it is critically important that people know that who he's saying he is right now is not who he is. further, what i said in that email message was that the city councilman should have been held accountable for allowing durhamville to be the third-world condition that it was and that it continues to be. have your party release the entire interslew. -- interview. release the interview that exonerates me. >> we're down to the last couple of questions. elizabeth, you have the floor. >> dr. ruiz, in 2010 a bipartisan federal commission unveiled the plan to cut the nation's deficit by $4 trillion through a mix of tax increases and
sense. who do you trust on this? they're saying no, they're holding hostage the middle class tax cut to the super wealthy. just get out of the way. but it shouldn't be surprising for a guy who says 47% of the american people are unwilling to take responsible responsible for their own lives. >> i think the vice president very well knows that sometimes the words don't come out of your mouth the right way. >> but i always say what i mean. have you ever seen me rope-a-dope. ♪ how you like me now ♪ how like me now ♪ how you like me now >> he came, he saw, and he told the truth, and the great pretender, paul ryan, was exposed after a no holds barred full out slugfest of a debate with vice president joe biden last night. and for democrats across the country, it is tgi biden, a man who brought the fight to congressman ryan with a huge heart and lethal honesty on everything from medicare to taxes, abortion, middle class opportunity, and foreign policy. and this afternoon the vice president landed in ryan's home turf of wisconsin hungry for more action going after romney/ryan on the 47%.
obama. the romney interview, he talks about his tax plan, his 47 comment and what he would do about iran's nuclear program. and paul ryan pumps iron. jeannie moos takes a look at those controversial workout photos. i'm wolf blitzer and you're in "the situation room." >> we begin with a dramatically changed political landscape as we head into tuesday's second debate between president obama and governor romney. poll after poll shows momentum building behind the romney/ryan tukt and there's pressure on the president now t wrap up his game for the three-week sprint to election day. let's bring in our correspondent, we're getting reaction to the vice presidential debate, more comments coming in. but the president has his mission cut out for him right now. dan? >> he really does. we just have to look back to right after the debate where the president turned up his volume, strongly aggressively going after his gop opponents. but what we saw this week at the university of miami on thursday at a big rally there was the president even turning up the volume a bit more. attacking mitt romney for wha
's start with taxes. governor, the president keeps saying that mitt romney is proposing a $5 trillion tax cut. that is not true. >> chris, wait a minute here. the governor, i mean former governor romney is proposing a 20% cut to income taxes including income taxes for the wealthiest of americans and i believe a 30% cut to corporate income taxes including for people like big oil that are socking all of us at the pump reit now. any economist may debate whether that adds up to $4.9 trillion or add up to 5 trillion dollars but the fact of the matter is in this debate we saw big bird meet the big lie. in fact, when you do those sorts of tax cuts there are costs to those tax cuts. the big etan drivegest driver r deficit -- >> chris: if i may, sir. you are talking about half of the planet it would be like talking about obama's jobs plans and saying the entire aro teachers. it is not obama's plan. similarly you are mischaracterizing the romney plan. saying you're right there is $5 trillion lowering the tax rates but he talks about cutting loopholes. but that is part of the plan. >> but he won't s
about his position and let's start with taxes. governor, the president keeps saying that mitt romney is proposing a $5 trillion tax cut. that is not true. >> well, chris, wait a minute here. the governor -- former governor romney is proposing a 20% cut to income taxes, including income taxes for the wealthiest of americans. and, i believe a 30% cut for corporate income taxes, including big all, socking all of us at the pump, right now and any economist may debate whether it adds up to $4.9 trillion or $5 trillion and the fact of the matter. >> clayton: in this debate we saw big bird meet the big lie. those tax cuts, there are costs to those tax cuts, the biggest driver to our deficit... >> chris: if i may, sir, you are talking about half the planet like talking about obama's jobs plan, the entire plan is to give more money to teachers and, that is not obama's plans and similarly you are mischaracterizing the romney plan, saying, it is -- you are right, $5 trillion by lowering the tax rate but he talks about cutting loopholes... >> oh, chris, which loopholes and which deductions? sena
i know you're under a lot of duress to make up for lost ground. lower tax rates increase growth. >> now you're jack kennedy? >> the interruptions, the facial expressions, and the facts. we're going to have the high lights, the low lights, the arguments and a fact check as well on the candidates' claims. it's friday october 12th. "starting point" comes to you live from danville, kentucky. >>> good morning, welcome everybody. you're watching "starting point." we're coming to you live this morning from center college here in danville, kentucky. things last night right here were pretty heated between the vice presidential candidates, no one had a bad night. nobody was too polite. instead joe biden, paul ryan, simply let it fly and when it was over the american people scored it a draw. cnn/orc poll of debate watchers showed that 48% felt that paul ryan won. 44% said that the vice president joe biden won. of course that would be a statistical tie when you calculate in the margin of error. we begin with cnn's dana bash with some of the highlights of the night. good morning. >> good mor
are operating without a debt, operating against the debt ceiling ready to hit and now putting in the biggest tax increase in this country's history in a weak economy that is growing at 1.3 percent. people are saying, well, they will get it fixed but it is already having an impact. businesses have already put off hiring. businesses have all right cut off capital spending. it is having an impact right new. there is another irony involved here, the federal reserve board made it clear they are trying to boost the stock market, they are trying to get asset prices higher, so what congress doing? they want to jump the dividend tax rate from 15 percent to 43 percent in the top bracket. this is money that has already been taxed. they want to raise capital gains taxes. this is on top of all the other tax increases that are set in three months. the notion this is going to be fixed is laughable because it is already having an impact. >>neil: here is what is laughable to me if the argument for extending the rates on the upper income for another year is that was not the environment to raise taxes on folks, an
Search Results 0 to 49 of about 655 (some duplicates have been removed)

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